2013-11-07 OB Agenda PacketCalifornia Public Records Act ("PRA"): In compliance with the PRA, the documents
pertaining to agenda items, including attachments, which are presented to the Oversight
Board in open session are available for public inspection. They may be inspected during
regular business hours in the City Clerk's Office at Vernon City Hall, 4305 Santa Fe
Avenue, Vernon, California 90058. No prior appointment is required. Material is also
available on the City’s website at www.cityofvernon.org.
Americans with Disabilities Act (“ADA”): In compliance with the ADA, if you need special
assistance to participate in a city meeting, please contact the City Clerk’s office at
(323) 583-8811. Notification of at least 24 hours prior to the meeting or time when
services are needed will assist the City staff in assuring that reasonable arrangements
can be made to provide accessibility to the meeting or service.
AGENDA
REGULAR MEETING OF THE
OVERSIGHT BOARD OF THE SUCCESSOR AGENCY
TO THE REDEVELOPMENT AGENCY OF THE CITY OF VERNON
THURSDAY, NOVEMBER 7 2013, 4:00 P.M.
COUNCIL CHAMBER, CITY HALL
4305 SANTA FE AVENUE
VERNON, CALIFORNIA
W. Michael McCormick, Chairperson
Jonathan S. Fuhrman, Vice Chairperson
William J. Davis, Board Member
Mary Gallagher, Board Member
Alex Cherniss, Board Member
Steven Reyes, Board Member
David Vela, Board Member
CALL TO ORDER & FLAG SALUTE
CHANGES TO THE AGENDA
PUBLIC COMMENT - At this time the public is encouraged to address the
Oversight Board on any matter that is within the subject matter
jurisdiction of the Board. The public will also be given a chance to
comment on matters which are on the posted agenda during the Board’s
deliberation on those specific matters.
MINUTES – TO BE RECEIVED AND FILED
1. Minutes of the Regular Meeting of the Oversight Board of the
Successor Agency to the Redevelopment Agency of the City of Vernon
held October 3, 2013
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Oversight Board of the Successor Agency to the Redevelopment Agency
Regular Meeting Agenda
November 7, 2013
Page 2 of 3
ORAL REPORTS
1. Notice of California Department of Finance approval of the Long-
Range Property Management Plan which includes the sale of Angelus
Can pursuant to Oversight Board instruction under an approved
contract for sale of 4900 Pacific Boulevard and disposition of
Austin Trucking for Government Use regarding 4528 Bandini Boulevard.
2. Update on the Recognized Obligation Payment Schedule for period
January 1, 2014 through June 30, 2014; response from Los Angeles
County Auditor-Controller on the $1,407,382 reduction.
3. Response to Vice Chairperson Fuhrman’s Request for list of City of
Vernon Housing Properties.
4. Update on the Angelus Can, 4900 Pacific Boulevard, transaction with
GBD Properties.
5. Brief reports on activities, other brief announcements, and
directives to staff.
CLOSED SESSION
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (6)
Government Code Section 54956.8
(1) Property: 4900 Pacific Blvd., Vernon, California
Agency negotiator: Alex Kung, Successor Agency staff
Negotiating parties: Whole Foods
Under negotiation: Price and Terms of Payment
(2) Property: 4900 Pacific Blvd., Vernon, California
Agency negotiator: Alex Kung, Successor Agency staff
Negotiating parties: Rexford Industrial
Under negotiation: Price and Terms of Payment
Oversight Board of the Successor Agency to the Redevelopment Agency
Regular Meeting Agenda
November 7, 2013
Page 3 of 3
(3) Property: 4900 Pacific Blvd., Vernon. California
Agency negotiator: Alex Kung, Successor Agency staff
Negotiating parties: Xebec Realty Partners, Inc.
Under negotiation: Price and Terms of Payment
(4) Property: 4900 Pacific Blvd., Vernon, California
Agency negotiator: Alex Kung, Successor Agency staff
Negotiating parties: Bruce Gabay
Under negotiation: Price and Terms of Payment
(5) Property: 4900 Pacific Blvd., Vernon, California
Agency negotiator: Alex Kung, Successor Agency staff
Negotiating parties: Bon Appetit, LLC
Under negotiation: Price and Terms of Payment
(6) Property: 4900 Pacific Blvd., Vernon, California
Agency negotiator: Alex Kung, Successor Agency staff
Negotiating parties: CEG Development, LLC
Under negotiation: Price and Terms of Payment
ADJOURNMENT
I hereby certify under penalty of perjury under the laws of the State of
California, that the foregoing agenda was posted on the bulletin board at
the main entrance of the City of Vernon City Hall, located at 4305 Santa
Fe Avenue, Vernon, California, and on the City’s website, not less than 72
hours prior to the meeting set forth on this agenda. Dated this 4th day of
November 2013.
By: ________________________________
Dana Reed
Interim Secretary